SEBI to strengthen info sharing with overseas regulators

SEBI to strengthen info sharing with overseas regulators Mumbai: Market regulator SEBI and other regulators in Asia have decided to further strengthen the information sharing mechanism among themselves and globally on various enforcement related issues.

"We need to continue our efforts to further strengthen the existing mechanism for enforcement related cooperation both at the regional and at the global level," SEBI Chairman U K Sinha said at the Asia-Pacific Regional Committee (APRC) meeting in Bangkok (Thailand) on November 29.

The meeting was also attended by securities regulators from Australia, Hong Kong and Japan.
Members of APRC of International Organisation of Securities Commission (IOSCO) met in Bangkok, Thailand from November 28-30, 2012, a SEBI release said today.

Sinha is the current chairman of the APRC.

IOSCO is a global body of securities and futures market regulators across the world, of which India is a key member.

The other major members of IOSCO include market regulators in the US, UK, Japan, Switzerland, Germany, France and China.

PTI